The recent drop in Bitcoin’s price may signal you that it’s a good time to buy and invest in bitcoins. If time is money, then let’s not waste any time at all. You can own bitcoins or a fraction of a bitcoin by determining which of these three methods work best for your situation.
Buy Bitcoins:
Assuming you have some cash or money on hand, you can simply find an outlet/channel that can sell you bitcoins directly. Since cash is king (for now), this is the fastest way to get your hands on some bitcoins. This is further divided into three ways to buy:
Bitcoin Exchange: This option is especially ideal for those who intend to buy bitcoins as a speculative vehicle—you know: buy low, sell high, repeat. It is ideal because this is the most cost-effective way as exchanges charge much less in terms of fees compared to how much you end up paying if you buy from a bitcoin ATM. [Read more…]
